New URAR form - help wanted -

[Zoe]

What?


No, you get PULTE to reign in the GSEs to lower the LTV....and to make hybrids a option only during high demand periods.

FHFA Announces Updates to Enterprise Policies on Appraisals, Loan Repurchase Alternatives, and Pricing Notifications | FHFA

The Federal Housing Finance Agency (FHFA) announced updates today to several Fannie Mae and Freddie Mac (the Enterprises) policies that are intended to enhance efficiencies and promote cost savings in the single-family mortgage market. “Today’s announcements highlight actions that will better...

www.fhfa.gov

FHFA to allow alternative appraisal methods on purchases up to 97% LTV​

Maximum LTV will be 90% for appraisal waivers and 97% for inspection-based appraisal waivers


Pulte is friends with UWM so that's never going to happen. Also Pulte is a builder, builders don't like appraisers. We get in there way of their profits.

Hold on. Are your panties in a wad?

Have you thought about if FTC appraisal fees need to be separated on truth in lending disclosures? Many appraisers only do direct engagement from lenders that don't do amccs.

 

[Zoe]

VA is also still a big player. I can see the focus is lowering borrower cost. It is not focusing on competence in the appraisal process. I have that picture.

In reality it is raising borrower COST and lowering competence in appraisal assignment.

I got the picture.

Where is Joan Trice when I need the beautiful blonde?

 

[Zoe]

I will get where rubber meets road. If fees were separated on truth in lending disclosure between amccs and APPRAISER, the whole market would change for appraisal profession. You can argue if you like. Joan Trice didn't like me. Joan is pretty though. I was more than she could handle.

 

[NC Appraising]

Hold on. Are your panties in a wad?

Have you thought about if FTC appraisal fees need to be separated on truth in lending disclosures? Many appraisers only do direct engagement from lenders that don't do amccs.

No. I have my big girl panties on now. I have to un wad them everything i read your posts .

Yes, I agree with the fees needing to be separated. No prob with that. Ant going to change anything. The big change will come if law is passed that a cost plus system must be used....AMC gets paid a flat rate and cannot steal from the borrower.

Your post has nothing to do with hybrids and waivers becoming the norm....and traditional appraisals becoming the fall guy. Fee disclosures ant going to fix that.

That being said, our posts has nothing to do with the thread topic LOL. Off the rails.

 

[Zoe]

What?


No, you get PULTE to reign in the GSEs to lower the LTV....and to make hybrids a option only during high demand periods.

FHFA Announces Updates to Enterprise Policies on Appraisals, Loan Repurchase Alternatives, and Pricing Notifications | FHFA

The Federal Housing Finance Agency (FHFA) announced updates today to several Fannie Mae and Freddie Mac (the Enterprises) policies that are intended to enhance efficiencies and promote cost savings in the single-family mortgage market. “Today’s announcements highlight actions that will better...

www.fhfa.gov

FHFA to allow alternative appraisal methods on purchases up to 97% LTV​

Maximum LTV will be 90% for appraisal waivers and 97% for inspection-based appraisal waivers


Pulte is friends with UWM so that's never going to happen. Also Pulte is a builder, builders don't like appraisers. We get in there way of their profits.

Are you blonde? You don't look blonde but you act blonde. LOL

 

[Zoe]

No. I have my big girl panties on now. I have to un wad them everything i read your posts .

Yes, I agree with the fees needing to be separated. No prob with that. Ant going to change anything. The big change will come if law is passed that a cost plus system must be used....AMC gets paid a flat rate and cannot steal from the borrower.

Your post has nothing to do with hybrids and waivers becoming the norm....and traditional appraisals becoming the fall guy. Fee disclosures ant going to fix that.

That being said, our posts has nothing to do with the thread topic LOL. Off the rails.

No it does have something to do with it. Keep you focus on public trust. Are you telling me public trust and credibility are not involved?

You have the right to remain silent.

 

[NC Appraising]

Are you blonde? You don't look blonde but you act blonde. LOL

Blondes have more fun.

 

[George Hatch]

Dood, you gots to exercise your auto-scroll technique better.

 

[djd09]

Why are you hassling DWiley? He doesn’t have to participate in this forum, but he does and we should be grateful. No one here is particularly fond of Fannie, but to heap abuse on him is patently unfair, he doesn’t make all their decisions, but he does explain much of what is going on. I think of him like Baron Von Richtofen in WW I, he’s a brilliant and honorable person who just happens to be on the wrong side. In this crazy industry I would never fault anyone for where they’re employed, we all must make choices on where to work. I hope he engages the ignore button on you as a time saver if nothing else.

it is kool aid pouring time...ask him how many appraisals he has waived this week

 

[Bobby Bucks]

it is kool aid pouring time...ask him how many appraisals he has waived this week

I doubt he's in the waiving department.